Offer To The CEO

Friday, continued …

Anna and Hou Yi looked at each other. While it was not unexpected, he would strike deals and Lu Corporation would be involved with them, he was still after them and Hou Corporation. He wanted to escape justice and prevent the public from knowing the reality of him being a paedophile.

Anna leant over to whisper quietly to Hou Yi, "I cannot believe it. Already he has convinced twenty victims to take the money, let alone how many he is targeting. He is determined to buy his way out."

Squeezing Anna's hand Hou Yi quietly responded "Do not worry Anna. Justice will win out, you know that, and his delusional claims that we are targeting him will be shown for what they are. His delusions about the situation. You know we have done nothing wrong."

Anna simply nodded, realising that this was simply the reality of the system here. She turned back to listen to the judge who was now speaking. "I need to clarify information with you, as to the agreements that you have filed with the court. However I do note that they agreements are commercial in confidence agreements, and therefore I will require every person, other than court staff, the representative from the National Prosecutors Office and the Defendant and his legal team to leave the court so we can discuss them before I will sign off."

Hou Yi and Yao Tan looked at each other. The agreement to transfer the ten percent of shares that Hou YI had made with Yao Tan and King, was going to be affected Monday. That meant technically Hou Yi and Anna controlled twenty percent of the shares in Lu Corporation. While people were vacating the courtroom, Hou Yi explained to the National Prosecutor's office representative what they owned.

When the court room was vacated, but Anna and Hou Yi were still there, the Judge turned to them, and said, "CEO and Madam Hou you need to vacate the court room."

Anna opted to speak "Sir, as Mr Lu knows we own twenty percent of the shares of Lu Corporation in a private investment vehicle. We had owned forty percent, but we had put them on the market previously. We clearly have an interest in this decision by Lu corporation."

Lu Jingho had anticipated this, so his lawyers were ready for this move. "They are only shareholders, not a director, and therefore they have no right to remain in the court room."

Anna whispered to Hou Yi "Let me make a point, and then we will leave."

Anna took a breath. "Sir, that may be right. While the Lu family effectively control forty five percent of the shares, they are voted in a block and the income is shared according to various trusts. Yang Group control's fifteen percent, and the balancing twenty percent are traded on the open market. Our private investment company is, unless Lu Corporation can otherwise prove, is the largest single shareholder. We have a right to know what the company has agreed to."

"Madam Hou, I can understand with your position, however given your husband is the CEO of a competitor, it is clearly inappropriate that you remain in the court room."

Anna having anticipated the position indicated "Sir, while the agreement may be commercial in confidence, as we were present in the court room when the announcement by Mr Lu's representatives were made about the agreements involving Lu Corporation, the court will have no option but to release information as to the agreements."

"We had offers to sell some shares through private transactions above the current market value, but the knowledge of the comments now puts us in a position that these criminal proceedings ensure that we cannot now complete the deals that were to settle on Monday."

Pausing to consider what Anna had said, the judge realised that there would have to be some release of information to the public, otherwise there could be a distortion in the markets. "Madam Hou, in that respect you are correct. Now no party will have any input into what I release as to these agreements, as I cannot legitimately restrict otherwise perfectly legal activities due to a disclosure in courtroom with limited public access."

Anna nodded to Hou Yi, and they stood up and left the court room.